2.90
Universe Pharmaceuticals Inc (UPC) Stock Split History
Universe Pharmaceuticals Inc has split its stock once since its initial public offering (IPO). The stock split of Universe Pharmaceuticals Inc occurred on July 28, 2023 on a 1-for-6 basis, meaning that for 6 shares of UPC owned pre-split, shareholders then owned 1 share.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Universe Pharmaceuticals Inc's total market capitalization.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Universe Pharmaceuticals Inc's total market capitalization.
UPC stock split list
Date | Split Ratio |
---|---|
2023-07-28 | 1 - for - 6 |
Will Universe Pharmaceuticals Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Universe Pharmaceuticals Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when UPC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Universe Pharmaceuticals Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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